1Z0-1053-21 by Oracle Actual Free Exam Questions And Answers

Question 1

The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

A. The life event was not backed out properly.

B. The life event was configured for another date.

C. The life event reinstatement rule was configured.

D. The life event date was different.

Discussion 0

Correct Answer: C Vote an answer

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Question 2

The benefits administrator runs an open enrollment window on March 1,2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

A. The life event date configured for XX Life Program is not 15 March 2017

B. The benefits administrator has a login from the previous date to that of 15 March 20l7.

C. A cycle has already run for open enrollment, so no life event date is available.

D. There is no configuration for open enrollment for theXX Life Program.

Discussion 0

Correct Answer: B Vote an answer

Question 3

How many life events can be included in a collapsing rule?

A. 12

B. 8

C. 10

D. 7

Discussion 0

Correct Answer: C Vote an answer

Question 4

A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

A. as of event start date

B. as of rate start date

C. as of enrollment start date

D. as of coverage start date

Discussion 0

Correct Answer: A Vote an answer

Question 5

The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can't the employee see the assigned rate amount?

A. The rate amount is not configured for the employee's specific legal employer.

B. The rate amount Is a variable rate for the employee's legal employer.

C. The rate amount "Assign on Enrollment" is enabled for five legal entities.

D. The rate amount is of the unit of measure "Money".

Discussion 0

Correct Answer: A Vote an answer

Question 6

An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

A. No unrestricted event is available for the employee.

B. The employee is not eligible for the enrollment.

C. Nooption is available for the plan for enrollment.

D. No life event is detected.

Discussion 0

Correct Answer: A Vote an answer

Question 7

A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A. 32.5

B. 40

C. 30

D. 130

Discussion 0

Correct Answer: C Vote an answer

Oracle Benefits Cloud 2021 Implementation Essentials - 1Z0-1053-21 Exam Practice Test

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